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20121201
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stories of the year. and, why china set up shop in greece at the height of the euro crisis. but first, this "in the know" message. the euro crisis continued to remain a major concern for investors throughout the course of 2012. at the center of it all, greece. the country grappled with a need for bailouts with strings attached in the form of severe budget cuts that sparked protests from the people. however, the financial crisis in europe is providing an opportunity for china. earlier this year, we heard from new york times reporter liz alderman on a chinese shipping company that is making waves in greece. > > how successful has this shipping company, known as cosco, been so far in greece? > > it's an interesting story. this chinese basically state- run shipping company came in here about three years ago in a $500 million deal that ever since then has been a model for the country, because what they did is they bought half of piraeus port, which is an ancient port in greece and one of the most important ports in the southern mediterranean. what they did was they basically took an operat
's amazing were no other cars in the tunnel. that tunnel connects china town and russian hill. it has a 35-mile an hour speed limit. san francisco supervisor said that the police chief told him police are investigating the video. >> i think no mat wore it is its offensive, it violates public safety. >> reporter: the officer involvede mailed us to tell his side of the story and he said he wasn't driving 100 miles an hour and that he was not drunk. he said my biggest mistake was putting this video on facebook. this was meant to be between friends, i find it upsetting that someone would put the time and energy into finding a three month old innocent video and alert the media to its presence, drawing a line from innocent fun to police misconduct. that posting of that video has been removed and apparently a police investigation now underway. >> thank you. time is now 7:33. police in san leandro searching for the man who stole a truck and then crashed into a fence. it was stolen from the sheet worker's union building last night about 8:15. a gps system in the truck helped the police find it. i
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